What does Alta Resource Technologies do?
Alta Resource Technologies leverages customizable proteins in biochemistry to separate high-purity rare earth elements and essential minerals from previously untapped sources.
How much did they raise?
The company raised $4.4M in its Seed 2 round, bringing the total Seed funding to $10M. The round was co-led by DCVC and Voyager Ventures, with participation from Orion Industrial Ventures and In-Q-Tel.
What are their plans for the money?
The funds will be used to expand the technical team, advance commercial pilots, and extend the technology to a broader range of metal targets and feedstocks, such as mine tailings, waste streams, and end-of-life products. This move is set to enhance their capacity to deploy more efficient mineral separation techniques.
What have they achieved so far?
Alta Resource Technologies has already demonstrated progress by securing grant support from federal partners and the State of Colorado, underscoring its commitment and expertise in innovative mineral processing.
